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Riverstone
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RIVERSTONE HOLDINGS LIMITED
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wavehunter
Supreme |
24-Dec-2020 11:52
Yells: "Trade what you see, not what you hope to see." |
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For COVID stocks, their best shot to reverse and ignite a powerful rally was about 2 days ago when news of a new strain of virus which is spreading very quickly in the UK, Denmark and elsewhere hit the market. This resulted in many countries banning flghts from the UK. All 4 COVID stocks did show a knee-jerk bounce. But it did not progress into a burst of fire to produce a rally. I think that knee-jerk was becoz of shortcovering. But there was no follow-up buying by bargain hunters strong enough to draw people out from the sidelines to chase prices. This price action shows that in the short term, weakness in COVID stocks after a spectacular PUMP & DUMP routine, is still there. This weakness is weighing on sentiments and is a drag on the price. Let' s see if the situation improves after the festive season. Over the next 2 weeks if we keep hearing news about the mutated new strain of virus popping up in more countries but yet there is still no positive effect on COVID stocks, then you have it. Listen when the market speaks. Take care, guys. 
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SGPhantom
Master |
24-Dec-2020 11:34
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Sometimes, no news (noises) is good news. Hope it maintains, can' t expect much today, worldwide is quiet during this period. At least it is net positive this week vs last week. |
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fatpanda
Supreme |
24-Dec-2020 09:47
Yells: "Another wonderful day!" |
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Hmmmm.... Today would be a peaceful day.... No " noise" so far..... Hehehhe.... | ||||
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NT1825
Master |
24-Dec-2020 09:39
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New Covid-19 strain identified in Sabah, says Health Ministry https://www.thestar.com.my/news/nation/2020/12/23/new-covid-19-strain-identified-in-sabah-says-health-ministry   |
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NT1825
Master |
24-Dec-2020 09:16
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17 yo student. Among them, 12 were not infected with the B117 strain, and one patient, identified as Case 58,504, has been found to be carrying the strain. https://www.straitstimes.com/singapore/singapore-confirms-1-imported-patient-with-potentially-more-contagious-covid-19-strain |
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fatpanda
Supreme |
24-Dec-2020 09:03
Yells: "Another wonderful day!" |
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OMG! Just heard from the news. One lady returned from UK got the new coronavirus... Spread fast... |
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3rdEdition
Member |
24-Dec-2020 09:00
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This is a very wise analysis. Let all take heed!
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look@bright
Elite |
24-Dec-2020 08:21
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KEY POINTS
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look@bright
Elite |
24-Dec-2020 08:20
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HEALTH AND SCIENCE
WHO chief scientist warns against Covid complacency, says herd immunity unlikely until end-2021PUBLISHED WED, DEC 23 20204:44 AM EST
New Covid strain: UK government confirms second variant of coronavirus (cnbc.com) |
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Checkerman
Master |
24-Dec-2020 07:37
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Agreed but some pple cannot accept the fact and will lambast you for create fear
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sting93
Member |
24-Dec-2020 02:16
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I' m morally with you, but the way you argue is like  牛 头 不 对 马 嘴 . 1. If covid prolong, medical gloves demand will surely surge but it also means more people will die from covid. < - Factual statement nothing wrong 2.  u are asking for medical gloves profit to surge so that your shares rises but have u consider for those who suffer from covid? < - Glove stock up = more people suffering/dying??? But past few month glove stock down still a lot of people dying leh.    I see it as gloves are used to prevent even more people from dying.3.  I would say eventually covid will be suppressed and gloves demand will plunge,  so do your share price. That' s y I predicted Riverstone will fall below a dollar after x' mas. < - Agree that the virus will be supressed. But no one on earth can see the end yet, so dunno when will this happen. Maybe share price will fall below a dollar maybe not, depends on whether mkt over or under react.     
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sting93
Member |
24-Dec-2020 02:03
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Singapore confirms 1 COVID-19 case carrying UK virus strain, 11 others ' preliminarily positive'https://www.channelnewsasia.com/news/singapore/covid-19-uk-virus-strain-b117-first-case-singapore-moh-13832090
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look@bright
Elite |
23-Dec-2020 23:50
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B117 already in Singapore | ||||
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Sparrow999
Senior |
23-Dec-2020 22:05
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If covid prolong, medical gloves demand will surely surge but it also means more people will die from covid.  u are asking for medical gloves profit to surge so that your shares rises but have u consider for those who suffer from covid?  I would say eventually covid will be suppressed and gloves demand will plunge,  so do your share price. That' s y I predicted Riverstone will fall below a dollar after x' mas.   |
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wallstreet99
Member |
23-Dec-2020 21:54
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New Covid-19 strain identified in Sabah, says Health Ministry https://www.thestar.com.my/news/nation/2020/12/23/new-covid-19-strain-identified-in-sabah-says-health-ministry |
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Eatall
Veteran |
23-Dec-2020 19:52
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Of cos he wont la... If he cash rich..
Personally had encountered few clients... Need to sell off property to payoff....
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SGPhantom
Master |
23-Dec-2020 19:43
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I believe most who visited the forums regularly are at most med term holder.
But thats just my thought.
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TradeExpert
Veteran |
23-Dec-2020 19:31
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Won' t bankrupt. At most checkman missed queue and pocket 1 big hole. Lolxx  Waiting for Checkman to short to drown it down to $1 and below. Will thank checkerman for making it low for all to scoop up more before the next breakout towards rocket upwards.... Show your power tml man. You are our " Cai Shen Ah Gong" . Wahaha...  
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hengonghuat333
Member |
23-Dec-2020 17:31
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Now whole world who take this vaccine become their guinea pig of Vaccine company. if success then self claim good if not success, they will say something else like virus mutate so vaccine not working with new strain Or they change the virus to Covid-20 then tell u their vaccine work good with Covid-19 In a sense no scientist know whether or not this vaccine is successful Pfizer CEO himself also don' t dare to take... give stupid excuse like don' t want to cut que lol hahaha. |
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Eatall
Veteran |
23-Dec-2020 17:13
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Mai xiu kee...
Kamsia lu...
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  I see it as gloves are used to prevent even more people from dying.